Fiat Settlement
Receiving funds in traditional currency
Receiving fiat simplifies accounting and reduces volatility exposure. However, conversion may include hidden FX spreads. Net realised value should always be benchmarked against market rates.
Receiving funds in traditional currency
Receiving fiat simplifies accounting and reduces volatility exposure. However, conversion may include hidden FX spreads. Net realised value should always be benchmarked against market rates.
Price fluctuation of a digital asset relative to fiat
Risk of transaction being reversed before confirmation
Percentage fee charged per transaction
Time allowed to complete payment at quoted rate
Distributed ledger recording transactions across a decentralised network
Self executing code on a blockchain